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The Honduran resort town of Santa Lucia now has a local Bitcoin hub. According to local news outlet Diario La Prensa, the private initiative known as Bitcoin Valley intends to develop a circular Bitcoin economy and boost the number of tourists visiting the area. Owner of tourist related businesses in
Babel Finance, a crypto financial services firm, recently reported a whopping $280 million liquidation loss, which includes losing 8,000 BTC and a significant quantity of another token, according to a report from The Block. Once again, a reminder that users can never be fully assured that their Bitcoin is
Canaan Inc. (NASDAQ: CAN), a Chinese ASIC manufacturer has announced their intent to expand into the U.S. Bitcoin mining scene. This comes after already having a successful pilot operation in the Bitcoin mining heavy country of Kazakhstan. Canaan has deployed over 10,000 of their own miners. “Mining in
News • Bitcoin • Jul 30, 2022Canaan Inc. (NASDAQ: CAN), a Chinese ASIC manufacturer has announced their intent to expand into the U.S. Bitcoin mining scene. This comes after already having a successful pilot operation in the Bitcoin mining heavy country of Kazakhstan. Canaan has deployed over 10,000 of their own miners. “Mining in
News • Bitcoin • Jul 30, 2022The Honduran resort town of Santa Lucia now has a local Bitcoin hub. According to local news outlet Diario La Prensa, the private initiative known as Bitcoin Valley intends to develop a circular Bitcoin economy and boost the number of tourists visiting the area. Owner of tourist related businesses in
News • Bitcoin • Jul 30, 2022Babel Finance, a crypto financial services firm, recently reported a whopping $280 million liquidation loss, which includes losing 8,000 BTC and a significant quantity of another token, according to a report from The Block. Once again, a reminder that users can never be fully assured that their Bitcoin is
News • Bitcoin • Jul 30, 2022Singapore-based cryptocurrency exchange Zipmex is the newest casualty from the major decline in Bitcoin and cryptocurrency prices. The exchange said that it had filed for bankruptcy protection in Singapore but the platform services a number of other countries like Thailand, Indonesia, and Australia as well. Zipmex claimed it was attempting
News • Markets • Jul 29, 2022According to a report from the regional newspaper Folha de S. Paulo, Santander Brazil, the third-largest private bank in the nation, is preparing to introduce Bitcoin and cryptocurrency services for their customers. CEO Mario Leao stated during his interview: We expect to have definitions about it in the next few
News • Bitcoin • Jul 29, 2022Digital asset mining and staking firm Foundry has launched an initiative to train Bitcoin mining technicians. The program, known as Foundry Academy, completed its first training session back in May. The next session, set to begin on September 12, 2022, is already open for registration. Executive Director Craig Ross states:
News • Bitcoin • Jul 29, 2022Three U.S. senators wrote an open letter to the CEO of Fidelity Investments to express their disapproval of the firm's recent introduction of a Bitcoin 401(k) retirement plan. Senators Elizabeth Warren, Tina Smith, and Richard Durbin said it was “immensely troubling” that Fidelity offered exposure to
News • Bitcoin • Jul 28, 2022Foundry Digital LLC announced on July 28th, 2022 the launch of Foundry Logistics, a new division that advances the company's goal of establishing high standards for dependability, efficiency, and transparency in the Bitcoin and cryptocurrency mining sector. The company specializes in mining Bitcoin and other cryptocurrencies while being
News • Bitcoin • Jul 28, 2022